§ 42-63.1-12 - Distribution of tax to Rhode Island Convention Center Authority.
SECTION 42-63.1-12
§ 42-63.1-12 Distribution of tax to RhodeIsland Convention Center Authority. – (a) The proceeds of the hotel tax generated by any and all hotels physicallyconnected to the Rhode Island Convention Center shall be distributed asfollows: twenty-seven percent (27%) shall be deposited as general revenues;thirty-one percent (31%) shall be given to the convention authority of the cityof Providence; twelve percent (12%) shall be given to the greaterProvidence-Warwick convention and visitor's bureau; thirty percent (30%) shallbe given to the Rhode Island convention center authority to be used in thefurtherance of the purposes set forth in § 42-99-4.
(b) The Rhode Island Convention Center Authority isauthorized and empowered to enter into contracts with the GreaterProvidence-Warwick Convention and Visitors' Bureau in the furtherance of thepurposes set forth in this chapter.